WSJ Business News
@WSJbusiness
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The Wall Street Journal's Business editors share the latest breaking news and their insights on what matters most in business and finance.
New York, NY
Joined April 2009
Roche’s Gazyva Gets FDA Approval for Lupus Nephritis
wsj.com
The Food and Drug Administration approved Gazyva for the treatment of adults receiving standard therapy for a form of lupus that targets the kidneys.
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Kering to Sell Creed, License Fragrance Brands to L’Oreal in $4.7 Billion Deal
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The deal marks an early move by Kering’s new chief, Luca de Meo, to revive the French luxury giant’s fortunes.
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Holcim Plans to Acquire Xella for $2.16 Billion
wsj.com
Swiss building-materials supplier Holcim plans to acquire Xella for more than $2 billion to expand its building solutions business.
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The automotive supply chain is in focus in a way it hasn’t been since the early 2020s
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The federal government is set to unveil new diet advice likely to embrace saturated fat, alarming some doctors and scientists
wsj.com
The federal government is set to unveil new diet advice likely to embrace saturated fat, alarming some doctors and scientists.
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Kering is in talks to sell its beauty business to L’Oréal in a deal that values the unit at roughly $4 billion
wsj.com
A deal would be an early move by new Kering CEO Luca de Meo to revive the luxury giant’s fortunes.
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Anthropic’s problem might be that it’s the sober one at the AI rager, @timhiggins writes
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Why Anthropic’s Jack Clark is drawing White House ire.
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An Hermès heir is missing $15 billion. It looks like he fell victim to the fraud of the century.
wsj.com
Nicolas Puech says his wealth manager isolated him from friends and family and siphoned away a massive fortune. Then came the clue that began to reveal the deception.
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FAA Lets Boeing Increase Production Cap on 737 MAX by 10%
wsj.com
The company can now increase production to 42 planes a month from 38, the limit put in place after a fuselage panel blew off a jet midair in January 2024.
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FDA Approves Novo Nordisk’s Rybelsus Diabetes Pill to Reduce Heart Risk
wsj.com
The drug, called Rybelsus, is the only oral GLP-1 medication available. It was previously approved to treat Type 2 diabetes but under the new approval, Novo Nordisk can now market the drug’s benefits...
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Marc Benioff Apologizes For National Guard Comments
wsj.com
The Salesforce CEO had called for President Trump to send the National Guard to San Francisco.
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A United Nations-backed plan to decarbonize the shipping industry was put on ice Friday amid fierce opposition from the Trump administration
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Proposal for shipowners to pay a fee for their carbon emissions had been criticized by the U.S.
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Verisure Unit Hit by Data Breach the Week After Stock Market Debut
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The company detected unauthorized third-party access to data related to a business it previously acquired in Sweden, but there is no evidence that Verisure’s own network and systems have been...
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Apple has signed a five-year deal with Formula One for the U.S. rights to air its races, broadening its menu of live sporting events it will offer on its streaming platform
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Apple is broadening its menu of live sporting events it will offer on its streaming platform.
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Alibaba, Ant to Buy Hong Kong Office Space for $925 Million
wsj.com
The Chinese e-commerce giant and its affiliate will buy the top 13 floors of One Causeway Bay from Mandarin Oriental International for their Hong Kong headquarters.
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State Street Posts Higher Profit as Fee Revenue Rises
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The provider of financial services to institutional investors notched a higher top and bottom line for the third quarter, boosted by broad-based fee revenue increases.
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Fifth Third Profit Rises, Comerica’s Slips Ahead of Tie-Up
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Fifth Third Bancorp posted higher profit in the third quarter, while Comerica’s earnings slipped slightly, as the regional lenders prepare to combine in a $10.9 billion all-stock deal.
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American Express Sales Rise as Cardholder Spend Keeps Climbing
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American Express’s revenue jumped and the company narrowed its full-year view as cardholders upped their spending.
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Auto & Transport Roundup: Market Talk
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Find insight on Volvo, United Airlines, Stellantis and more in the latest Market Talks covering Auto and Transport.
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Tech, Media & Telecom Roundup: Market Talk
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Find insight on TSMC, Altice, Meituan, and more in the latest Market Talks covering Technology, Media and Telecom.
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